Bhg Group AB Publ Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 22, 2021 at 01:00 am EDT
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BHG Group AB publ announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was SEK 3,551.4 million compared to SEK 2,698.1 million a year ago. Operating income was SEK 261.6 million compared to SEK 222 million a year ago. Net income was SEK 196.7 million compared to SEK 144.3 million a year ago. Basic earnings per share from continuing operations was SEK 1.63 compared to SEK 1.34 a year ago. Diluted earnings per share from continuing operations was SEK 1.62 compared to SEK 1.33 a year ago. For the half year, total revenue was SEK 6,118.5 million compared to SEK 4,323.3 million a year ago. Operating income was SEK 430.1 million compared to SEK 291.2 million a year ago. Net income was SEK 309.3 million compared to SEK 190.9 million a year ago. Basic earnings per share from continuing operations was SEK 2.61 compared to SEK 1.78 a year ago. Diluted earnings per share from continuing operations was SEK 2.58 compared to SEK 1.77 a year ago.
BHG Group AB, formerly Bygghemma Group First AB, is a Sweden-based online provider of home improvement products. The Companyâs operations comprise two segments: DIY and Home furnishing. The DIY segment includes do it yourself products for home and garden improvement. It comprises such online stores as bygghemma.se, netrauta.fi, taloon.com, frishop.dk, badshop.se, talotarvike.com, stonefactory.se, golvpoolen.se, lindstromsbad.se, vitvaruexperten.se, tvexperten.se, among others, as well as showrooms. The Home furnishing segment sells furniture and decor. It includes such online stores as trademax.se, chilli.se, kodin.fi, furniturebox.se, myhomemobler.dk and wegot.se, among others, as well as showrooms. The Company operates in Sweden, Finland, Norway and Denmark.
BHG GROUP AB 
